McCormick & Co. (MKC) Tops Q1 EPS by 9c, Offers Guidance

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McCORMICK REPORTS FIRST QUARTER PERFORMANCE AND REAFFIRMS 2023 OUTLOOK

March 28, 2023 6:30 AM EDT

HUNT VALLEY, Md., March 28, 2023 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 2023 and reaffirmed its financial outlook for fiscal year 2023.

Sales increased 3% in the first quarter from the year-ago period. In constant currency, sales increased 5%. Both comparisons include a 2% unfavorable impact from the... More